First Northwest Bancorp — Director's Dealing 2015

Aug 6, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: First Northwest Bancorp (FNWB)
CIK: 0001556727
Period of Report: 2015-06-30

Reporting Person: Hueth Laurence J. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-29	Common Stock, par value $0.01 per share	P	16354.41	$10	Acquired	16354.41	Indirect

Footnotes

F1: The reporting person is filing this Form 5 to clarify the information included in the Form 4 filed on January 30, 2015 regarding holdings under the First Federal Savings and Loan Association of Port Angeles 401(k) Plan (the "401k Plan"). Specifically, holdings under the 401k Plan are reported in units, instead of shares. The units consist of shares of First Northwest Bancorp common stock and a liquidity cash component. As a result, the number of underlying shares my fluctuate from time to time. Therefore, following the initial purchase of shares by the 401k Plan as reported on the reporting person's Form 4, the shares automatically rebalanced to reflect units instead of shares. Accordingly, the securities set forth in Columns 4 and 5 of Table I of this Form 5 reflect the units held by the reporting person as of June 30, 2015.